AMEX Major Gainers

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Pioneer Drilling Company (AMEX:PDC)

About Pioneer Drilling Company Pioneer Drilling Company, through its subsidiaries, provides contract land drilling services and production services to independent oil and gas exploration and production companies in the United States and Colombia. Its production services include well services, wireline services, and fishing and rental services. As of December 31, 2009, the company had a fleet of 71 drilling rigs. The company was founded in 1968 and is based in San Antonio, Texas.


Statistics Symbol

PDC

Beta:

1.70

Current Price

$8.82

Market Capitalization:

477.77M

52 week range

$5.00 - $9.90

Shares Outstanding

54.14M

Avg Volume

931,414.00

Float:

45.93M

Financials Pioneer Drilling Company (AMEX:PDC) reported the increase of 82 percent in the total revenue to $135.54 million for the quarter ended September 30 th, 2010 as compared to the total revenue of $74.37 million for the same period last year. However the company reported the net loss of $2.58 million resulting in loss of $0.05 per share for the quarter. The company’s total assets accumulate up to $857.08 million with highest proportion of fixed assets in its composition. The company maintains the current ratio of 1.6 times depicting that current assets are maintained enough to over the company’s current liabilities by 1.6 times. The company’s total liabilities stand at $458.46 million as compared to total equity of $398.62 million as on September 30 th, 2010.


Great Basin Gold Ltd. (USA) (AMEX:GBG)

About Great Basin Gold Ltd. Great Basin Gold Ltd. (Great Basin) is engaged in the acquisition, exploration, development and trial mining of precious metal deposits. The Company has two material projects, both of which are at the trial mining stage, which consists of the Hollister gold project and the Burnstone gold project. The Company is also conducting early stage exploration on a number of other prospects, primarily in Tanzania and Mozambique. The Esmeralda property was for its ore processing facility, which the Company renovated. During 2009, the Company generated revenue of $33.7 million (US$28 million) from its Hollister operation. The ore was sold under the terms of various toll milling and ore purchase agreements to Newmont Mining Corporation and Echo Bay Minerals Company (Kinross).


Statistics Symbol

GBG

Beta:

1.15

Current Price

$2.89

Market Capitalization:

1.18B

52 week range

$1.55 - $3.32

Shares Outstanding

408.40M

Avg Volume

$ 2.94M

Float:

407.14M

Financials Great Basin Gold Ltd. (USA) (AMEX:GBG) generated the total revenue of the $12.23 million as per its latest quarterly financial statements ending on September 30 th, 2010. However the company ended in net loss of $23.72 million for the respective quarter resulting in loss of $0.07 per share. The company’s total assets stand at $741.91 million with highest proportion of fixed assets in its composition. Great Basin Gold Ltd maintains a strong capital structure with total liabilities of $323.44 million as compared to total equity of $418.48 million. Its long term debt stands at 203.38 million as on September 30th, 2010.


Magnum Hunter Resources Corporation (AMEX:MHR)

About Magnum Hunter Resources Corporation Magnum Hunter Resources Corporation (Magnum Hunter) is an independent oil and gas company engaged in the acquisition, development and production of oil and natural gas, primarily in West Virginia, North Dakota, Texas and Louisiana. As of December 31, 2009, the Company is active in three of the four prolific shale resource plays in the United States, including the Marcellus Shale, Eagle Ford Shale and Williston Basin / Bakken Shale. At December 31, 2009, its estimated proved reserves of 6.2 million barrels of oil equivalent (MMboe) were approximately 75% oil. On September 30, 2009, the Company acquired Sharon Resources, Inc., a wholly owned subsidiary of Sharon Energy Ltd. On February 12, 2010, the Company acquired Triad Energy Corporation and affiliates (collectively Triad).


Statistics Symbol

MHR

Beta:

1.15

Current Price

$6.72

Market Capitalization:

461.43M

52 week range

$1.28 - $6.77

Shares Outstanding

68.66M

Avg Volume

1.20M

Float:

57.43M

Financials Magnum Hunter Resources Corporation (AMEX:MHR) reported the surge of 257 percent in the total revenue to $8.28 million for the quarter ended September 30 th, 2010 as compared to revenue of $2.32 million for the same period last year. The company however ended in net loss of $3.70 million resulting in earnings per share of $0.06 for the respective quarter. The company’s total assets accumulate up to $182.22 million with highest proportion of fixed assets in its composition. Magnum’s current assets stand at $9.85 million for the quarter. MHR maintains a strong capital structure with total liabilities of $83.73 million as compared to total equity of $98.50 million as on September 30th, 2010.


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